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What is FPX?
An internet payment system spearheaded
by Bank Negara Malaysia and
supported by Financial Institutions,
Government Agencies and local institutions.
Who can participate in FPX?
FPX involves transactions from B2B, B2C,
G2G and G2C. Thus, anyone with Internet
Banking facilities can be part of FPX.
FPX is a practical solution which allows
innovative e-commerce payments to be
done online immediately. It also provides a
level playing field and enhances competition.
What are it's features?
Security, Payment Assurance, Guaranteed
Payments, Real-Time Operations and Cross
Border Multi-Currency Transactions are just
a few of FPX’s features.
Which banks are part of FPX?
We are currently working with 4 pilot banks
namely Bumiputra Commerce Bank, Public
Bank, Bank Islam and Deutsche Bank. We
are targeting more banks to be part of FPX
during the nationwide roll-out.